Ocean Glass PCL (BKK:OGC) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


BKK:OGC Ocean Glass PCL BKK:OGC
59 GF Score
Price ฿9.70
GF Value ฿18.45
Valuation Possible Value Trap
! 8 Warning Signs
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What is Ocean Glass PCL Interest Coverage?

Ocean Glass PCL BKK:OGC 59 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates BKK:OGC with a GF Score™ of 59/100 and a GF Value™ of ฿18.45 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 293 Furnishings, Fixtures & Appliances companies, Ocean Glass PCL ranks worse than 95.22% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Ocean Glass PCL's Operating Income for the three months ended in Mar. 2026 was ฿-26 Mil. Ocean Glass PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-14 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ocean Glass PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Ocean Glass PCL's Interest Coverage or its related term are showing as below:

BKK:OGC' s Interest Coverage Range Over the Past 10 Years
Min: 0.76   Med: 7.89   Max: 11.57
Current: 0.76


BKK:OGC's Interest Coverage is ranked worse than
95.22% of 293 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 11.05 vs BKK:OGC: 0.76

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Ocean Glass PCL  (BKK:OGC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Ocean Glass PCL Interest Coverage Related Terms


Ocean Glass PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ocean Glass PCL's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ocean Glass PCL Interest Coverage Chart

Ocean Glass PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.30 7.47 6.19 2.34 1.74

Ocean Glass PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.21 2.91 1.08 0.79 0.00

BKK:OGC vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ocean Glass PCL's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ocean Glass PCL Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ocean Glass PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ocean Glass PCL's Interest Coverage falls into.


BKK:OGC
59GF Score
Ocean Glass PCL BKK:OGC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Glass PCL Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ocean Glass PCL's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Ocean Glass PCL's Interest Expense was ฿-59 Mil. Its Operating Income was ฿102 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿181 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*102.242/-58.75
=1.74

Ocean Glass PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ocean Glass PCL's Interest Expense was ฿-14 Mil. Its Operating Income was ฿-26 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿347 Mil.

Ocean Glass PCL did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Ocean Glass PCL (BKK:OGC) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ocean Glass PCL and its competitors. Over the past decade, Ocean Glass PCL's Interest Coverage has ranged from 0.76 to 11.57. According to the industry distribution chart, Ocean Glass PCL ranks #279 out of 293 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 95.2%.
Is Ocean Glass PCL's Interest Coverage too high?
Ocean Glass PCL's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 11.57. Based on the distribution chart, Ocean Glass PCL ranks #279 out of 293 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Ocean Glass PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Glass PCL's Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ocean Glass PCL ranks #279 out of 293 companies for Interest Coverage. This places Ocean Glass PCL in the lower half of its industry. The industry median Interest Coverage is 11.05. Historically, Ocean Glass PCL's own Interest Coverage has ranged from 0.76 to 11.57 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 11.05, based on 293 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ocean Glass PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 11.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Glass PCL's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Glass PCL stock overvalued right now?
Based on GuruFocus' analysis, Ocean Glass PCL (BKK:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿18.45, compared to a current price of ฿9.70 — trading 47.4% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Ocean Glass PCL's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ocean Glass PCL (BKK:OGC), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ocean Glass PCL (BKK:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Glass PCL stock appears to be undervalued. The current stock price of ฿9.70 is trading 47.4% below its estimated GF Value™ of ฿18.45. GuruFocus considers Ocean Glass PCL to be Possible Value Trap.

Key valuation signals for BKK:OGC:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ฿18.45 vs. price of ฿9.70 (47.4% below fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the BKK:OGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Glass PCL Business Description

Address Sukhumvit 19 Road (Soi Wattana, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.
59GF Score

Get the complete analysis for BKK:OGC

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿9.70
Price
฿18.45
GF Value